Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

.

The

Dow Jones Industrial Average

(

^DJI

) is trading down 5.0 points at 15,319 as of Friday, May 31, 2013, 1:35 p.m. ET. During this time, 332.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 590.9 million. The NYSE advances/declines ratio sits at 970 issues advancing vs. 1,992 declining with 98 unchanged.

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Holding back the Dow today is

AT&T

(NYSE:

T

), which is lagging the broader Dow index with an eight-cent decline (-0.2%) bringing the stock to $35.42. This single loss is lowering the Dow Jones Industrial Average by 0.61 points or roughly accounting for 12.2% of the Dow's overall loss. Volume for AT&T currently sits at 16.3 million shares traded vs. an average daily trading volume of 24.7 million shares.

AT&T has a market cap of $193.2 billion and is part of the technology sector and telecommunications industry. Shares are up 5.3% year to date as of Thursday's close. The stock's dividend yield sits at 5%.

AT&T Inc. provides telecommunications services to consumers, businesses, and other providers in the United States and internationally. The company operates in three segments: Wireless, Wireline, and Other. The company has a P/E ratio of 27.2, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates AT&T as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, good cash flow from operations, increase in stock price during the past year and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

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